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20110901
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. i gave this speech at the speech contest down and the capital of michigan, in east lansing. it was a speech exposing the private organizations in the u.s. could still discriminate on the basis of race. this was in the early 1970's. you could still have caucasian one -- the elks club was whites only. a lot of these men's groups were whites only groups. i just thought that was wrong. so i give a speech about it. the next thing i knew, it was on the associated press and on the evening news and national networks that this 17-year-old was speaking out against racism in private clubs. and the whole thing's sort of snowballed. by the next year, there were lawsuits and bills introduced in congress. and these private groups all have to change their ways and they could no longer be whites only organizations. and that was just, i was not the only one doing this, but it was a big push that started when i gave the speech in east lansing, michigan. a dangerous lesson to teach a teenager that just by writing down three pages of paper or what i wanted to say have this impact. again, i am g
, president of investment timing consultants. he joins us from troy, michigan. nice to see you. back back to the program. >> thank you, tom, great to see you. >> tom: why so bearish? you describe yourself as extremely bearish? why? >> well, i'm looking at, say, the next three or four years. i think, first of all, where we are now, the combination of economic stagnation and government austerity is not really a pill for a better economy. we have shifting demographics with people-- baby boomers are getting older. housing to me doesn't look like it's fixed yet. the employment levels look like they're going to get worse, unemployment levels and we see what the fed is doing. they basically told us we're giving you a free pass on interest rates the next couple of years, that combined with what's going on in europe the last couple of days i think is a real testimony to the issues and problems going on, in a global economy. these are not things that happen when the economy is doing well. these are things that-- this continued facilitation of money and money being thrown at everything it try to fix
. there were a lot of people not allowed to see me. the michigan department of corrections shut that down. they figured out ways to get people not to come. they told me i was not going to be treated special, so i was treated a specially bad, so i did not get the same treatment as everyone else. they were shunning people like reverend jackson and a lot of other people who attempted to come see me. they were turned away at the door. i did hear you tried to come see me, and i wish i would have had a chance to see you at that point, because when you were coming was six months after i had been there, and i had been through a time when i felt i needed to close myself in. i was tutoring people. i was in the yard every day, so i went through that solitary time and more into the rest of my life, because i started that inside. >> i could spend hours talking to you about what is in this book and other comments i have. now the rest of your life -- how do you envision the rest of your life starting with this federal trial? how does kwame kilpatrick at still such a young age see himself navigating the
in detroit and all across michigan and the midwest and the country. we have a lot more work to do to recover fully from this recession. but i'm not satisfied just to get back to where we were before the recession. we've got to fully restore the middle class in america. [applause] >> but this is just a preview. later this week mr. obama will formally unveil his job creation plan. will he be able to force it through congress and the hostile republicans? >> if you need to register, move to the right. >> unemployment in america remains stubbornly high. over 9%. dangerously high for a president seeking re-election. job seekers say companies just are not hiring. and the republican candidates who seek the presidency are busy this week too. at forums and debates hammering mr. obama as an overspending, overtaxing liberal. >> we have raised taxes, mr. president. you raised taxes $500 billion. >> candidates who say they can and will bring the economy around. will mr. obama be able to get this jobs creation plan with all the costs past congress and past furious republican opposition? the outcome of this
happened in pennsylvania, since what happened in michigan where we've had these pipelines explode and people were killed, we have met with the gas and oil companies. we have organized so that now the gas companies will put up on their website where pipelines are. people move into neighborhoods and they have no idea a pipeline is running through their front yard. we want to get to the ideaed that somebody doesn't throw the switch in their house -- the light switch and the explosion occurs in their front yard. those kinds of safety opportunities are what we're trying to create. we have some responsibility for pipeline safety at the department of transportation. but we've given some of that responsibility over to the state. we want to work with the oil and gas companies to make sure people are aware if there is a pipeline in their front yard and to make sure that the oil and gas companies are replacing these ijing pipe leans on a regular basis so we don't have the kind of explosions that took place in san bernardino. >> thank you. >>> multitalented eed actress, singer, danner is now
time here in detroit and across michigan and all across the midwest and all across the country. we've got a lot more work to do to recover fully from this recession. i'm not satisfied just to get back to where we were before the recession. we've got to fully restore the middle class in america. >> so what the president's actually talking about there is a new plan funded by congress, by the central, american government, pumping more money into the economy and getting more people back to work, effect., in will mr. obama be able to get that past congress and its furiously hostile republicans, we wait to see. many think it's unlikely. this battle shaping up looks like quite a vivid test of the effectiveness of president obama's presidency and his ability to actually make a the u.s. economy. >> that was adam brooks in washington. you're watching newsday on the bbc. still to come, rescuers continue their search for victims in western japan. >> and cubans pay tribute to the late defense minister. now, an independent inquiry which will examine allegations the british security services were
're watching for tomorrow: the university of michigan issues its final take on consumer sentiment for september. we'll ask legendary investor warren buffett for his take on the economy and the markets, and we wrap up wall street's third quarter with standard and poor's strategist sam stovall. he's our friday "market monitor" guest. a japanese auto supplier has agreed to plead guilty and pay a $200 million fine to settle a criminal price-fixing scam that ran partly out of detroit. the settlement was announced today by the u.s. department of justice. three furukawa executives have also agreed to plead guilty and serve prison time in the u.s. ranging from 12 to 18 months. it's the government's first charges as a result of its ongoing international investigation of price fixing in the auto parts industry. >> tom: a group of privacy advocates wants uncle sam to investigate facebook. the american civil liberties union and the electronic privacy information center are among the nine groups asking the federal trade commission to look into how the social networking giant collects data about its users' o
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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